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20131101
20131130
Search Results 0 to 7 of about 8 (some duplicates have been removed)
than 30 miles and depending you you're traveling there is good news and bad news. phil lebeau explains. >> reporter: there is good news and bad news for those traveling this thanksgiving weekend. let's start with the good news. gas prices 3.$3 3.20 a gallon. >> people will travel more than when it was close to $4. >> i think more people will travel. i think for sure, but is it really cheaper? no, not that cheaper. >> reporter: the average amount expected to be spent on thanksgiving trips this year will be $465. experts disagree about whether or not the overall amounts spent on trips will be the same or dip a little lower. for its part, the u.s. travel association expects the amount spent on thanksgiving travel to be up 1 to 2%. >> when it comes to travel, people will travel to see families, to be with friends and that will mean a lot of congestion at the airports. >> reporter: the bad news for thanksgiving travelers is reserve for the 3 million who are flying. travel os city says the average round trip is $415, up almost 7%, mainly because planes will be packed and airlines have few if
are expanding and adding more assembly lines. not here in the u.s. but in mexico. phil lebeau has the story. >> reporter: it looks like any other auto plant in the year but nissan's lines in mexico represent the latest surge in north america for the japanese auto maker. >> we're building a second plant, 175,000 cars a year. capable of doing four cars, mexico becoming the export hub for americas return nissan's expansion is one reason mexico passed canada and closing the gap with the u.s. for car production. >> mexico is proven for a long time and not just years but for a long time for us it's a fantastic world class quality operation. >> reporter: what's driving mexico's auto boom? the country's central location and numerous trade agreements allow auto companies to export from there to europe, even asia. auto makers make a fraction of the wage line workers make north of the border. >> somebody in mexico might make 3 or $4 an hour. an out toe worker in ohio might be making five to eight times more than that. >> reporter: the brookings institute estimate half of the auto jobs will be in mexic
, prompting companies around the world to open up more plans there, fill le beau joins us live from mexico with some more on this phenomenon. good morning, phil. >> reporter: good morning, kelly. we're on the floor of the plant for a japanese auto parts supplier. they are going to be building exhaust systems as well as control modules for nissan, general motors, mazda, they're exploetding here. they're in the midst of a hiring boom. they are going to 1,400 workers a year ago. by the time this expansion is done in the next few years, they'll be up to 3,100 workers. that's what we are seeing throughout mexico when you look at the auto and aerospace industry. this has become the hottest place for the growth of those jobs. primarily because it benefits from a number of factors, including trade agreements, low cost, et cetera. take a look at this, a lot of people sit there and say, around they shipping jobs to china? look at the cost difference for jobs and exports out of mexico versus china versus the united nations united states. they have to realize members ka has become the hottest export h
Search Results 0 to 7 of about 8 (some duplicates have been removed)